Friday 20 January 2012

Gulf states to consider IMF call for more cash - The National

GCC governments will consider a request to raise their contributions to the IMF, says the Central Bank Governor.

The news comes as the fund seeks to bolster its firepower to fight the euro-zone crisis.

Sultan Al Suwaidi was responding to an appeal by the IMF for funds to bolster its revenue base by up to US$600 billion (Dh2.2 trillion).

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